Five Twenty Eight

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.

Unlimited

Name clauseThe name the company operates under according to its articles.

Five Twenty Eight

Registered office clauseThe region of the registered office; it decides among other things the language of official documents.

“Vlaamse Gewest, bij enkel besluit van bestuursorgaan administratieve zetels, agentschappen, werkhuizen, stapelplaatsen en bijkantoren…” (deed in Dutch)

deed of 03-02-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.

Two directors jointly

deed of 03-02-2023

Board ruleHow the board is made up, meets and takes decisions.

“Onbepaalde duur bij gebrek aan bepaling, 10” (deed in Dutch)

“Alle handelingen nodig of dienstig tot verwezenlijking van het voorwerp, bevoegdheden bestuursorgaan” (deed in Dutch)

deed of 05-09-2025

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.

“200, Verbonden Persoon in de zin van het Wetboek van vennootschappen en verenigingen” (deed in Dutch)

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.

“Datum_Kennisgeving_van_Overdracht, 10” (deed in Dutch)

Share issue ruleHow and by whom new shares can be issued.

One provision in the deed

deed of 03-02-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.

Last Tuesday of June at 21:00

deed of 03-02-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.

“Vereisten statutenwijziging, algemene vergadering” (deed in Dutch)

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.

“Artikel 2:87 Wetboek van vennootschappen en verenigingen, voorzitter ondernemingsrechtbank” (deed in Dutch)

deed of 03-02-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Stortingsplicht” (deed in Dutch)

Other provision: “Aard van de aandelen” (deed in Dutch)

Other provision: “Bedrag vaste of evenredige vergoeding, vergoeding bestuurders” (deed in Dutch)

Other provision: “Één of meerdere commissarissen, controle van de vennootschap” (deed in Dutch)

Other provision: “Bestuurder, bij gebrek aandeelhouder met meeste aandelen, bij pariteit oudste, Zittingen-Notulen algemene vergadering” (deed in Dutch)

Other provision: “Beraadslagingen algemene vergadering, gewone meerderheid” (deed in Dutch)

Other provision: “Bestuursorgaan, drie weken” (deed in Dutch)

Liquidation distribution: “Naar verhouding aantal aandelen” (deed in Dutch)

Other provision: “Woonstkeuze, zetel” (deed in Dutch)

Other provision: “Rechtbank rechtsgebied zetel, Gerechtelijke bevoegdheid” (deed in Dutch)

Other provision: “Gemeen recht” (deed in Dutch)

3 more provisions in the deed, see the deed of 03-02-2023

deed of 03-02-2023